Community Healthcare Trust Incorporated (CHCT) To Go Ex-Dividend on November 13th

Community Healthcare Trust Incorporated (NYSE:CHCT) announced a quarterly dividend on Tuesday, November 3rd. Investors of record on Friday, November 13th will be given a dividend of $0.33 per share by the real estate investment trust on Wednesday, November 25th. This represents a $1.32 annualized dividend and a yield of 9.1%. The ex-dividend date is Friday, November 13th.

Community Healthcare Trust has a dividend payout ratio of 293.3% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Analysts expect Community Healthcare Trust to earn $1.91 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 69.1%.

Community Healthcare Trust Stock Up 11.2%

Community Healthcare Trust stock opened at $14.53 on Thursday. Community Healthcare Trust has a 52 week low of $12.58 and a 52 week high of $19.17. The business has a 50-day simple moving average of $13.94 and a 200 day simple moving average of $16.33. The stock has a market cap of $416.14 million, a price-to-earnings ratio of 19.90 and a beta of 0.68.

Community Healthcare Trust (NYSE:CHCT) last released its quarterly earnings results on Tuesday, November 3rd. The real estate investment trust reported $0.09 earnings per share for the quarter, meeting the consensus estimate of $0.09. The firm had revenue of $32.44 million for the quarter, compared to analysts’ expectations of $31.26 million. Community Healthcare Trust had a return on equity of 5.31% and a net margin of 17.76%. On average, research analysts anticipate that Community Healthcare Trust will post 1.87 earnings per share for the current year.

Community Healthcare Trust News Roundup

Here are the key news stories impacting Community Healthcare Trust this week:

• Positive Sentiment: Q3 FFO was $0.58 per share, ahead of the $0.57 consensus and up from $0.56 a year earlier. Revenue of $32.44 million also topped estimates of $31.26 million; EPS of $0.09 was in line. Q3 FFO and revenue results
• Positive Sentiment: Q3 AFFO increased 3.6% quarter over quarter to $0.58 per share, with the AFFO payout ratio at 57%, below management’s 60% target. Leased occupancy rose 30 basis points, suggesting retained cash is supporting portfolio performance. Analysis of CHCT’s dividend and AFFO
• Positive Sentiment: CHCT declared a quarterly dividend of $0.33 per share, or $1.32 annualized, representing a yield of about 9.3% at the cited share price. The high income may appeal to yield-focused investors, although the company previously cut its dividend. Dividend announcement
• Negative Sentiment: Huntington lowered its price target to $15 from $17, signaling reduced upside expectations, while retaining an Outperform rating. Huntington price-target update

About Community Healthcare Trust

Community Healthcare Trust Incorporated (NYSE: CHCT) is a real estate investment trust that owns and operates healthcare-related properties across the United States. The company focuses primarily on properties located in non-urban and underserved markets, where healthcare facilities can serve as important community resources.

Its portfolio includes outpatient clinics, physician office buildings, specialty healthcare facilities, behavioral health properties, and other facilities leased to healthcare providers.